MF Husain’s Monumental 1954 painting has been a time to complete the South Asian art market Untitled (Gram Yatra) New York sold $ 13.7 million (with quotes), a high estimate of almost $ 3.5 million. This result has set a new album at auction for modern Indian art, as well as Indian paint. Christie’s modern and contemporary Asian Auction in Asia, almost doubles the previous record in this category, was obtained In 2023 at Amrita Sher Gil Storyteller (1937), in Saffronart’s Mumbai.
It is the second highest price for South Asia, after paying $ 24.6 million, sold in the northwestern black stone of the twelve-century India, Christie’s New York, 2017.
Husina Bidders, according to a Christie spokesperson, and sold an organization, along with Nishad Avari on the phone, the head of the Department of Modern and Contemporary Asian art in Southern Christie. The auction house refused to reveal the organization.
Christie’s sales in New York South Asian modern and contemporary art sales on March 19 Courtesy Christie’s
13 Mural size work made up of panels, “The most significant work done by Husain to come to the public market in a generation,” Avari says. 1950s are the most valuable decade of Husain and the previous secondary market market Untitled (Reincarnation) That September 32 was sold, dates from 1957. In these years Husain traveled widely around India and the world, and several panels Untitled (Gram Yatra), Each separates the richness of global details, Paul Klee and Pablo Picasso to Chinese Calligraphy. The work is the official title “Gram Yatra”, a local pilgrimage, and Husain wanted to capture the reality of his independence throughout the country.
Volodaky Husain is known as his ex-owner, Born in Leon Elias Volodaky and Norway based work, a great deal of work has been largely for 70 years of history. Voldardsky bought the job in publishing in Delhi. After his death in 1964, its estate was located in the University Hospital of Oslo, its employer, located in a private corridor, outside of the public view. The hospital focused on today’s sales. Ensure work “It has been a 13-year trip, which is my entire career in Christie,” Avare says. Sales income will achieve the establishment of a future physician training center.
The whole sales made $ 24.8 million (fees), more than twice as much as $ 11.7 million (calculated without fee). The spectacular result comes to the total auctions for large regions of the market, from London to China, witnessing a decline. In fact, Avari stated that this Husain is the most expensive work to be sold at auction at home “So far, it is noteworthy that the achievement is considered this month before the afternoon sales in London.
While recognizing this important achievement in the field of Asian art, Avari is seen as an opportunity to start lifting estimates for Indian art. “Than unique achievements, we rise prices based on sustainable trends. This work has been a really kind.”
